Market Overview:
The global aircraft materials market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for civil and military aircraft across the globe. Aluminum alloys are expected to dominate the market during the forecast period, owing to their high strength-to-weight ratio and corrosion resistance properties. Steel alloys are also anticipated to witness significant growth during the forecast period, due to their high tensile strength and low weight properties.
Product Definition:
Aircraft materials are used in the construction of aircraft. They are important because they determine the strength and weight of the aircraft.
Aluminum Alloys:
Aluminum alloys are a group of materials consisting of more than one metal that is bound by an alloy bond. The most common types of aluminum alloys include cast and wrought. Aluminum can also form alliances with other metals such as magnesium, zinc, copper, etc., to produce special alloys called heat-treatable plastics or Al-MgCu).
Steel Alloys:
Steel alloys are a group of iron-based alloy materials, which have been developed over the last two centuries for use in structural applications. The most commonly used steel alloys include AISI 1145, AISI 1220, and AISI 1650.
Application Insights:
The military aircraft application segment led the global aircraft materials market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing defense budgets across countries, which are major consumers of military aircraft. For instance, India¢â‚¬â„¢s Ministry of Defense (MoD) has announced plans for buying 36 fighter jets from Russia along with associated equipment and weapons systems worth USD 9 billion.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth in this region is attributed to increasing military spending by countries such as China, India, and Japan along with rising civil aviation activities in countries such as India, China, Indonesia among others. In addition, rapid industrialization coupled with growing infrastructure activities will drive the demand for aircraft materials in Asia Pacific over the forecast period.
The U.S., being a major aircraft manufacturer has a strong presence across alloys used for manufacturing of airframe parts including aluminum alloys and titanium alloys among others which are extensively used across industries for manufacturing commercial products such as automobiles and consumer goods including aerospace equipment etc.
Growth Factors:
- Increasing demand for aircrafts due to rise in air travel
- Stringent safety and environmental regulations by aviation authorities
- Development of new alloys and composites with better performance characteristics
- Growing popularity of lightweight materials in aircraft construction
- Proliferation of advanced manufacturing technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Materials Market Research Report
By Type
Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composites
By Application
Military Aircraft, Civil Aircraft
By Companies
Cytec Industries, DuPont, Kobe Steel, Alcoa, Toray Industries, Teijin, Aleris, AMG, ATI Metals, Constellium, Cytec Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Materials Market Report Segments:
The global Aircraft Materials market is segmented on the basis of:
Types
Aluminum Alloys, Steel Alloys, Titanium Alloys, Super Alloys, Composites
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military Aircraft, Civil Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cytec Industries
- DuPont
- Kobe Steel
- Alcoa
- Toray Industries
- Teijin
- Aleris
- AMG
- ATI Metals
- Constellium
- Cytec Industries
Highlights of The Aircraft Materials Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Alloys
- Steel Alloys
- Titanium Alloys
- Super Alloys
- Composites
- By Application:
- Military Aircraft
- Civil Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Materials Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft materials are the parts and components of an aircraft that make it fly. These include the wings, fuselage, engines, and other equipment.
Some of the key players operating in the aircraft materials market are Cytec Industries, DuPont, Kobe Steel, Alcoa, Toray Industries, Teijin, Aleris, AMG, ATI Metals, Constellium, Cytec Industries.
The aircraft materials market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Materials Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Aircraft Materials Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Aircraft Materials Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Aircraft Materials Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Aircraft Materials Market Size & Forecast, 2020-2028 4.5.1 Aircraft Materials Market Size and Y-o-Y Growth 4.5.2 Aircraft Materials Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Aluminum Alloys
5.2.2 Steel Alloys
5.2.3 Titanium Alloys
5.2.4 Super Alloys
5.2.5 Composites
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Military Aircraft
6.2.2 Civil Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Materials Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Materials Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Aluminum Alloys
9.6.2 Steel Alloys
9.6.3 Titanium Alloys
9.6.4 Super Alloys
9.6.5 Composites
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Military Aircraft
9.10.2 Civil Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Aluminum Alloys
10.6.2 Steel Alloys
10.6.3 Titanium Alloys
10.6.4 Super Alloys
10.6.5 Composites
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Military Aircraft
10.10.2 Civil Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Aluminum Alloys
11.6.2 Steel Alloys
11.6.3 Titanium Alloys
11.6.4 Super Alloys
11.6.5 Composites
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Military Aircraft
11.10.2 Civil Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Aluminum Alloys
12.6.2 Steel Alloys
12.6.3 Titanium Alloys
12.6.4 Super Alloys
12.6.5 Composites
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Military Aircraft
12.10.2 Civil Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Aluminum Alloys
13.6.2 Steel Alloys
13.6.3 Titanium Alloys
13.6.4 Super Alloys
13.6.5 Composites
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Military Aircraft
13.10.2 Civil Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Materials Market: Competitive Dashboard
14.2 Global Aircraft Materials Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cytec Industries
14.3.2 DuPont
14.3.3 Kobe Steel
14.3.4 Alcoa
14.3.5 Toray Industries
14.3.6 Teijin
14.3.7 Aleris
14.3.8 AMG
14.3.9 ATI Metals
14.3.10 Constellium
14.3.11 Cytec Industries